NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $1.01MWorld Rnk 76 / 199
Flag Rnk 250 / 1002
2023
Destination $312k United States
2022 - 2023
FASTEST GROWING MARKET $312kUnited States
2023
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 167 / 1025
2023
Imports $30.3MWorld Rnk 58 / 223
Flag Rnk 164 / 1173
2023
Origin $1.44M Spain
2022 - 2023
FASTEST GROWING ORIGIN $1.44MCanada
2023
ECONOMIC COMPLEXITY of Ecuador-0.85Rnk 104 / 132

About

Exports In 2023, Ecuador exported $1.01M in Navigation Equipment, making it the 76th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 250th most exported product in Ecuador. The main destination of Navigation Equipment exports from Ecuador are: United States ($455k), Mexico ($266k), Spain ($88.5k), Peru ($63.4k), and Colombia ($55.4k).

The fastest growing export markets for Navigation Equipment of Ecuador between 2022 and 2023 were United States ($312k), Mexico ($248k), and Spain ($67.5k).

Imports In 2023, Ecuador imported $30.3M in Navigation Equipment, becoming the 58th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 164th most imported product in Ecuador. Ecuador imports Navigation Equipment primarily from: Spain ($13.6M), China ($4.02M), Canada ($2.94M), United States ($1.89M), and Indonesia ($825k).

The fastest growing import markets in Navigation Equipment for Ecuador between 2022 and 2023 were Canada ($1.44M), Indonesia ($824k), and Singapore ($576k).

Latest Trends

December 2021

About

Overview In December 2021 Ecuador's Navigation Equipment exports accounted up to $184k and imports accounted up to $3.41M, resulting in a negative trade balance of $3.22M. Between November 2020 and December 2021 the exports of Ecuador's   Navigation Equipment have decreased by $-21.6k (-10.5%) from $206k to $184k, while imports increased by $1.26M (59%) from $2.14M to $3.41M.

Destinations In December 2021, Navigation Equipment were exported mostly to Rest of the world ($184k), and were imported mostly from Spain ($2.54M), China ($266k), United States ($165k), Israel ($130k), and Slovakia ($103k).

Growth In December 2021, the decrease in Navigation Equipment's year-by-year exports was explained primarily by a decrease in exports to . In December 2021, the increase in Navigation Equipment's year-by-year imports was explained primarily by an increase in imports from Spain ($449k or 99.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - December 2021)$-21.6k(-10.5%)
IMPORT GROWTH (December 2020 - December 2021)$1.26M(59%)
MAIN DESTINATION (December 2021)Rest of the world$184k

This section shows Navigation Equipment's exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Navigation Equipment over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.01M
IMPORTS (2023)$30.3M
NET TRADE (2023)-$29.3M

In 2023, Ecuador exported $1.01M in Navigation Equipment. The main destinations of Ecuador exports on Navigation Equipment were United States ($455k), Mexico ($266k), Spain ($88.5k), Peru ($63.4k), and Colombia ($55.4k).

In 2023, Ecuador imported $30.3M in Navigation Equipment, mainly from Spain ($13.6M), China ($4.02M), Canada ($2.94M), United States ($1.89M), and Indonesia ($825k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Ecuador WERE (2022 - 2023):
United States$312k (218%)
Mexico$248k (1.36k%)
Spain$67.5k (322%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Ecuador WERE (2022 - 2023):
Panama-$75.7k (-99.9%)
Canada-$60.2k (-90%)
El Salvador-$22.9k (-53.3%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Ecuador's main exporting competitors in Navigation Equipment were:
China $3.35B
United States $3.12B
Germany $1.92B
In 2023, Ecuador's main importing competitors in Navigation Equipment were:
United States $4.43B
Germany $2.3B
China $1.81B

Explore Visualizations

Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $35.9k
TOP IMPORT POTENTIALChina+ $2.02M

Navigation Equipment’s highest export potential is Canada. With an export gap of $35.9k.   Navigation Equipment’s highest import potential is China with an import gap of $2.02M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms